Middle East Polycarbonate (PC) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Middle East Polycarbonate (PC) Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Country (Saudi Arabia, United Arab Emirates). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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Middle East Polycarbonate (PC) Market Size

Middle East Polycarbonate (PC) Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 0.83 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 1.19 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Building and Construction
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 7.56 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country United Arab Emirates

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Middle East Polycarbonate (PC) Market Analysis

The Middle East Polycarbonate (PC) Market size is estimated at 0.83 billion USD in 2024, and is expected to reach 1.19 billion USD by 2029, growing at a CAGR of 7.56% during the forecast period (2024-2029).

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0.83 Billion

Market Size in 2024 (USD)

1.19 Billion

Market Size in 2029 (USD)

9.39 %

CAGR (2017-2023)

7.56 %

CAGR (2024-2029)

Largest Market by End-user Industry

46 %

value share, Building and Construction, 2023

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Owing to the high usage of polycarbonate materials in building and construction applications such as roofing and facades, the industry held the largest market share.

Fastest Growing Market by End-user Industry

10.15 %

Projected CAGR, Electrical and Electronics, 2024-2029

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Due to its physical properties, heat resistance, and versatility, polycarbonate is suitable for electronic components, which is expected to witness the fastest growth over the forecast period.

Largest Market by Country

41.37 %

value share, United Arab Emirates, 2023

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The United Arab Emirates held the largest market share owing to its high government spending on construction and infrastructure projects, in which polycarbonate is one of the majorly used materials.

Fastest Growing Market by Country

7.93 %

Projected CAGR, Saudi Arabia, 2024-2029

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The growing projects and investments in the Saudi Arabian construction industry are likely to drive market demand. The country is expected to witness the fastest growth during the forecast period.

Leading Market Player

100 %

market share, SABIC, 2022

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SABIC has become a leading player in the region as it accounts for the largest production capacity of polycarbonate and due to its easy access to cheap raw materials (petrochemicals).

PC demand from electronics & electrical industry to grow at the fastest rate

  • Polycarbonates have many applications in most end-user industries due to their transparency, excellent toughness, thermal stability, and dimensional stability. They are easy to shape, mold, and thermoform. The United Arab Emirates and Saudi Arabia cumulatively occupied nearly 62% of the market share by revenue in 2022.
  • The building and construction industry is the largest consumer of polycarbonate. Over the years, countries like Saudi Arabia and the United Arab Emirates have invested in massive infrastructure projects in major cities. Polycarbonate is used in multiple applications in this industry due to its high heat insulation, UV protection, flexibility, and optical clarity. Thus, the industry is expected to record a CAGR of 6.61% in terms of revenue during the forecast period.
  • The electrical and electronics industry is the second-largest consumer of PC resins in the market. The growth of consumer electronics, along with smart electronic devices, is the primary factor driving the demand. Polycarbonate resins are mainly used in smartphones, computers, wearables, in-vehicle infotainment screens, and home appliances.
  • The electrical and electronics industry is the region's fastest-growing consumer of PC resin, with an expected CAGR of 10.34% during the forecast period. Technological advancements like artificial intelligence, the advent of 5G, and IoT (Internet of Things) may drive the demand for electronics in the future. The UAE polycarbonate (PC) market for the electrical and electronics industry is expected to register a CAGR of 10.48% during the forecast period (2023-2029) and reach a projected market value of USD 451 million by 2029. Such factors are expected to boost the market's growth in the coming years.
Middle East Polycarbonate (PC) Market

Middle Eastern PC market to be dominated by United Arab Emirates over the forecast period

  • The Middle Eastern polycarbonate market is mainly concentrated in Saudi Arabia and the United Arab Emirates since these nations have the highest volume of manufacturing activities. The region is considered the world's construction hub, and building and construction is the regional market's primary end-user industry, accounting for a 42% share by volume in 2022.
  • The United Arab Emirates is the largest country-wise market in the Middle East for polycarbonate by volume and value, attributed primarily to the high demand from its building and construction and electrical and electronics industries. These industries accounted for 50% and 42%, respectively, of the total volume consumption in 2022 in the country.
  • The United Arab Emirates is also the fastest-growing market in the region, with its value expected to record a CAGR of 6.97% during the forecast period.
  • Polycarbonate is commonly used for products in the building and construction industry, such as windows, skylights, wall panels, and electrical products, such as television frames, connectors, plugs, and battery boxes. Owing to these applications, the demand for PC from the regional building and construction industry is expected to record a CAGR of 5.39% by volume during the forecast period (2023-2029).
  • Saudi Arabia is the second-largest country-wise market in the region due to high demand from its building and construction and other end-user industries segments, which include the consumer goods, marine, locomotive, and medical industries. In 2022, these two end-user industry segments together accounted for 77% of the total volume of polycarbonate consumed in the nation. The other end-user industries in Saudi Arabia accounting for the high consumption of PC include the electrical and electronics and packaging industries. With programs such as 'Vision 2030', the demand for PC in the country is likely to grow, and its consumption is expected to register a CAGR of 6% by volume during the forecast period.

Middle East Polycarbonate (PC) Market Trends

Growing investments from the government and private players

  • In the Middle East, Saudi Arabia is quickly emerging as one of the key markets for the electrical and electronics industry. Aside from the oil and gas industry, the country has a sizable consumer base and a broad range of industrial pursuits, contributing to the rapid annual increase in production for the electrical and electronics industry. Thus, electrical and electronics production in the region registered a CAGR of 18% from 2017 to 2019 in revenue terms.
  • In 2020, the demand for consumer electronics for remote working and home entertainment increased due to the COVID-19 pandemic. In 2020, Saudi Arabia registered the highest smartphone penetration rate, around 97%, in the world, which enabled approximately 60% of Saudi customers to discover new sellers through social networks. Saudi Arabia faced a higher rate of e-commerce growth, nearly 60% (between 2019 and 2020), mainly due to the pandemic. The revenue from electrical and electronics production increased by 1.8% compared to the previous year.
  • Electrical and electronic production is expected to witness a CAGR of 8.51% in value during the forecast period (2023-2029). The major driving component behind the growth is likely to be the growing investments from the government and the manufacturers like Samsung. Samsung has also been pitching its 5G wireless technology to the Middle East. Saudi Arabia implemented a 5G network in line with the Vision 2030 initiative. All such factors are expected to boost electronics production over the forecast period in the region.
Middle East Polycarbonate (PC) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Growing aircraft manufacturing capabilities to boost component production
  • Rapid urbanization expected to drive the construction industry
  • PC resin prices to be influenced by crude oil prices and geopolitical factors
  • Methods being developed to use eco-friendly glycerol to recycle PC to recover up to 98% of the plastic's monomer
  • Lower interest rates and fuel rates to aid growth
  • Israel and Saudi Arabia dominating PC resin imports
  • Construction and automotive to boost demand for PC sheets and films

Middle East Polycarbonate (PC) Industry Overview

The Middle East Polycarbonate (PC) Market is fairly consolidated, with the top four companies occupying 100%. The major players in this market are Covestro AG, LG Chem, SABIC, Sumitomo Chemical Co., Ltd. (sorted alphabetically).

Middle East Polycarbonate (PC) Market Leaders

  1. Covestro AG

  2. LG Chem

  3. SABIC

  4. Sumitomo Chemical Co., Ltd.

Middle East Polycarbonate (PC) Market Concentration

*Disclaimer: Major Players sorted in alphabetical order.

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Middle East Polycarbonate (PC) Market News

  • February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.
  • February 2021: SABIC launched a new grade of polycarbonate compound for automotive LED lighting, owing to the rising need for high-performance thermoplastics in complex lighting designs.
  • November 2020: SABIC added new grades to its portfolio of post-consumer recycled ABS and polycarbonate resins to serve more consumer electronics customers. These grades are mainly used in chargers and adapters, printers, copiers, and laptop housing.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

Middle East Polycarbonate (PC) Market
Middle East Polycarbonate (PC) Market
Middle East Polycarbonate (PC) Market
Middle East Polycarbonate (PC) Market

Middle East Polycarbonate (PC) Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

      1. 2.2.1. Polycarbonate (PC) Trade

    3. 2.3. Price Trends

    4. 2.4. Form Trends

    5. 2.5. Recycling Overview

      1. 2.5.1. Polycarbonate (PC) Recycling Trends

    6. 2.6. Regulatory Framework

      1. 2.6.1. Saudi Arabia

      2. 2.6.2. United Arab Emirates

    7. 2.7. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Electrical and Electronics

      5. 3.1.5. Industrial and Machinery

      6. 3.1.6. Packaging

      7. 3.1.7. Other End-user Industries

    2. 3.2. Country

      1. 3.2.1. Saudi Arabia

      2. 3.2.2. United Arab Emirates

      3. 3.2.3. Rest of Middle East

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Covestro AG

      2. 4.4.2. LG Chem

      3. 4.4.3. SABIC

      4. 4.4.4. Sumitomo Chemical Co., Ltd.

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, MIDDLE EAST, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, MIDDLE EAST, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
  1. Figure 8:  
  2. MIDDLE EAST POLYCARBONATE (PC) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
  1. Figure 9:  
  2. REVENUE OF POLYCARBONATE (PC) BY FORM TYPE, USD, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 10:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 16:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 19:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 22:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 25:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 28:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 31:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 34:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY COUNTRY, %, MIDDLE EAST, 2022 VS 2029
  1. Figure 37:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 38:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 39:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 41:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 42:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 43:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 44:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
  1. Figure 50:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, MIDDLE EAST, 2019 - 2021
  1. Figure 51:  
  2. MOST ADOPTED STRATEGIES, COUNT, MIDDLE EAST, 2019 - 2021
  1. Figure 52:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022

Middle East Polycarbonate (PC) Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Saudi Arabia, United Arab Emirates are covered as segments by Country.

  • Polycarbonates have many applications in most end-user industries due to their transparency, excellent toughness, thermal stability, and dimensional stability. They are easy to shape, mold, and thermoform. The United Arab Emirates and Saudi Arabia cumulatively occupied nearly 62% of the market share by revenue in 2022.
  • The building and construction industry is the largest consumer of polycarbonate. Over the years, countries like Saudi Arabia and the United Arab Emirates have invested in massive infrastructure projects in major cities. Polycarbonate is used in multiple applications in this industry due to its high heat insulation, UV protection, flexibility, and optical clarity. Thus, the industry is expected to record a CAGR of 6.61% in terms of revenue during the forecast period.
  • The electrical and electronics industry is the second-largest consumer of PC resins in the market. The growth of consumer electronics, along with smart electronic devices, is the primary factor driving the demand. Polycarbonate resins are mainly used in smartphones, computers, wearables, in-vehicle infotainment screens, and home appliances.
  • The electrical and electronics industry is the region's fastest-growing consumer of PC resin, with an expected CAGR of 10.34% during the forecast period. Technological advancements like artificial intelligence, the advent of 5G, and IoT (Internet of Things) may drive the demand for electronics in the future. The UAE polycarbonate (PC) market for the electrical and electronics industry is expected to register a CAGR of 10.48% during the forecast period (2023-2029) and reach a projected market value of USD 451 million by 2029. Such factors are expected to boost the market's growth in the coming years.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Country
Saudi Arabia
United Arab Emirates
Rest of Middle East
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Market Definition

  • End-user Industry - Building & Construction, Automotive, Electrical & Electronics, Industrial & Machinery, and Others are the end-user industries considered under the polycarbonate market.
  • Resin - Under the scope of the study, consumption of virgin polycarbonate resin in its primary forms such as powder, granule, etc. are considered. Recycling has been provided separately under its individual chapter.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Middle East Polycarbonate (PC) Market Research FAQs

The Middle East Polycarbonate (PC) Market size is expected to reach USD 828.40 million in 2024 and grow at a CAGR of 7.56% to reach USD 1.19 billion by 2029.

In 2024, the Middle East Polycarbonate (PC) Market size is expected to reach USD 828.40 million.

Covestro AG, LG Chem, SABIC and Sumitomo Chemical Co., Ltd. are the major companies operating in the Middle East Polycarbonate (PC) Market.

In the Middle East Polycarbonate (PC) Market, the Building and Construction segment accounts for the largest share by end user industry.

In 2024, United Arab Emirates accounts for the largest share by country in the Middle East Polycarbonate (PC) Market.

In 2023, the Middle East Polycarbonate (PC) Market size was estimated at 828.40 million. The report covers the Middle East Polycarbonate (PC) Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East Polycarbonate (PC) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Middle East Polycarbonate (PC) Industry Report

Statistics for the 2023 Middle East Polycarbonate (PC) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East Polycarbonate (PC) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Middle East Polycarbonate (PC) Market Report Snapshots

Middle East Polycarbonate (PC) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029